Bitcoin & Altcoins, Whats next ?
After openly & loudly calling top at the 112k area, #BTC has been in a constant downtrend ever since. Taking down with it many Alts (which is completely normal) My hedge against my favourite altcoins going down with $BTC Was the 1 million dollar short i took & shared with you which provided me with liquidity to be able to stack even more of my favourite alts. Now what i see coming for BTC is this :
•Bitcoin to bounce from 100-103k area
•If it bounces from there then we can expect to see 113-118k which will be the top of this cycle & the most perfect SHORT.
Regarding Altcoins :
•the alts marketcap is currently retesting after breaking out of a bullish Head & shoulders pattern. It is also in a clear yet slow uptrend. In an uptrend dips are buy opportunities & not something to worry about.
Alts are also mimicking the exact price action of their last run as you can see.
I am personally going hard on altcoins as i expect this to be a perfect buy opportunity & i expect altcoins to start in June or maximum July.